Wikilix
Licence record

FSA licence SD104

Holder
BAXIA MARKETS
Jurisdiction
Seychelles
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by The Seychelles Financial Services Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

The Seychelles Financial Services Authority SD104

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Licence type
Retail Forex License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/the-seychelles-financial-services-authority/baxia-markets/sd104Fields on file 2 / 11

Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
Seychelles
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
SD104
Licence type (Wikilix classification)
Retail Forex License
The authority

About FSA

The Seychelles Financial Services Authority is the authority that issued this licence, and the jurisdiction it applies in is Seychelles.

Full name
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2013
Oversight
A government or statutory body
Firms we track under it
143 firms
Regulates
Stocks, Fund
Licences it issues
Securities Dealer – Principal & Agency
Typical cost of a licence
USD 10000-20000
Public register
Searchable by the public
Transparency
Low

FSA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSA's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeFSA Enquiries
  • Maximum leverage1:1000
This describes the authority's regime, not how BAXIA MARKETS applies it.
The holder

Who holds this licence

The licence above is recorded against BAXIA MARKETS. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
BAXIA MARKETS
Based in
Seychelles
Wikilix score
33.7the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • BAXIA LIMITEDUnited Kingdom · Reg. 07014314 · Sep 9, 2009
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences BAXIA MARKETS holds

One other licence is on record for BAXIA MARKETS.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
BAXIA MARKETS offers a maximum leverage of up to 1000. This high leverage is available under its regulation by the Seychelles Financial Services Authority.
Clients can fund accounts using Visa, MasterCard, Neteller, Skrill, bank wire transfers, local bank transfers in select countries, and cryptocurrencies such as Bitcoin and Ethereum. Deposit processing is mostly instant except for bank wire transfers, which take 2-5 business days. Withdrawal fees vary by method, with fixed fees from 5 to 20 USD.
BAXIA MARKETS provides access to the MetaTrader 5 platform, which supports desktop and web trading. MetaTrader 5 is a multi-asset platform suitable for trading forex, stocks, and futures, featuring advanced analytics and algorithmic trading tools.
BAXIA MARKETS is regulated by the Seychelles Financial Services Authority (FSA) and the Securities Commission of The Bahamas (SCB). Both regulators are government-regulated but classified as offshore with medium to low transparency levels. The broker holds retail forex and investment advisory licenses, covering various financial instruments.
Licence SD104 was issued by The Seychelles Financial Services Authority (FSA), the financial authority for Seychelles.
BAXIA MARKETS holds this FSA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSA tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
BAXIA MARKETS has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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